Standard time is the amount of time that should be allowed for an average worker to process one work unit using the standard method and working at a normal pace. The standard time includes some additional time, called the contingency allowance, to provide for the worker's personal needs, fatigue, and unavoidable delays during the shift.
Contents
Prerequisite for Valid Time Standards
Calculating the Standard Time
The standard time (Ts) is calculated from multiplying the observed time (To) by the performance rating (R) and the personal need, fatigue and unavoidable delays (PFD): Ts = To*R*(1+PFD)
Usages for Standard Time
References
Standard time in manufacturing Wikipedia(Text) CC BY-SA